Service Charges & Fees : Schedule & description of bank charges on Deposits, Loans & Advances, Collection of Cheques, Remittances, Postal Tariff, Other Charges, Gift Cheque etc.
Schedule & description of bank charges on Deposits, Loans & Advances, Collection of Cheques, Remittances, Postal Tariff, Other Charges, Gift Cheque etc.
SCHEDULE OF CHARGES OF THE BANK (effective from 01.04.2010) | |||||||||||||||||||||||||||||||||
A. Deposits:- | |||||||||||||||||||||||||||||||||
1. Duplicate Statement Charges per page = Rs. 35/- ( For current O/D,C/C Accounts) maximum Rs. 100/-. A per annum ledger folio charges of Rs. 35/- per folio except for exemptions as under :- | |||||||||||||||||||||||||||||||||
Revised (Rs.) | |||||||||||||||||||||||||||||||||
2. Issue of Duplicate Pass Books- Savings, Recurring Deposit A/c. with current balance | 65/- | ||||||||||||||||||||||||||||||||
3. Issue of Duplicate Receipt : term Deposits | 65/- | ||||||||||||||||||||||||||||||||
4. Addition / deletion of Names - All Deposit Accounts per occasion per case. | 65/- | ||||||||||||||||||||||||||||||||
5. Charges in Operational Instructions in Deposits Accounts. per occasion per case. | 65/- | ||||||||||||||||||||||||||||||||
6. Premature Closure of savings Bank/ Current Accounts ( A/c Closed within a year). | |||||||||||||||||||||||||||||||||
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7. Standing Instructions. Rs. 65/- per transaction plus Postage & other out of Pocket expenses if any, where the transaction involves issue of Banker's Cheque, exchange at the prescribed rate should be recovered additionally. (Transfer of amounts from one a/c to others, periodically transfer of interest, dividend etc to the Personal A/c of customer within the same branch, no charge is to be levied). |
65/- | ||||||||||||||||||||||||||||||||
8. Return of Cheques ii. ECS Return Charges |
250/- 250/- |
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9. Recording Stop Payment Instruction & Reversal per leaf. ( per instrument ) Maximum Charges |
100/- 600/- |
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11. Penal Charges in C.D. Accounts: An incidental charge of Rs. 65 per month shall be made, in addition to annual incidental charges, to a C.D. Account, if the balance falls in any month below the prescribed minimum. Provided the reduce balance does not fall below Re 1/- |
65/- | ||||||||||||||||||||||||||||||||
12. Penal charge / Additional levy in SB. A/Cs. ordinary Fall of minimum balance charges facility |
35/- | ||||||||||||||||||||||||||||||||
13. Issuance of MICR cheques to C/D, OD/CC Accounts Holder per page exclusive GST | 2.50/- | ||||||||||||||||||||||||||||||||
B. Loans & Advances:- | |||||||||||||||||||||||||||||||||
1. Processing Charges: | |||||||||||||||||||||||||||||||||
i. For all type of advances including Term Loan (of Loan Amount) ii. Tie up House Building Loan |
0.50% 0.50% |
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Note: No processing charges will be levied on Loan against Term Deposit. | |||||||||||||||||||||||||||||||||
2. Processing charge for Loan against Govt. Securities: | |||||||||||||||||||||||||||||||||
1. Lien recording & release / one certificate / minimum (Out of pocket expenditure + min Rs.35/- ) 2. Collection of proceed of the pledged instrument. |
590/- |
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Note: All out of pocket expenses should be realized. | |||||||||||||||||||||||||||||||||
3. Processing charge for Medium Term Loan: | |||||||||||||||||||||||||||||||||
i. Surety Loan ii. Personal Loan ( Tie Up ) iii.. Personal Loan ( Non Tie Up ) |
35/- 0.50% 0.50% |
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4. Processing charges for Loan against Gold ornaments. ( Appraisers Fees + Others + 0.50% on Loan ) Note: On clearance of the loan, pledge ornaments should be refunded. If the pledged ornaments is not taken back withing a month, safe custody charge of Rs. 50/- per month shall be levied. |
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C. Collection of Cheques (other than local cheques / CBS) | |||||||||||||||||||||||||||||||||
i. Amount against Rs. 5,000/- ...... NIL ii. Rs. 5,001/- - 10,000/- ............... NIL iii. Rs. 10,001/- & above .............. NIL |
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1) Cheque purchased | |||||||||||||||||||||||||||||||||
i. 0.50% plus collection charges if any as applicable for the respective slab of cheque collection, minimum Rs. 150/- ii. If the cheque is returned, interest @ 17.5% per annum to be recovered from the date of purchase till the date of actual return. iii. In case proceeds of a cheque are credited to the account in advance of the date of actual realisation, interest at the stipulated rate shall also be charged from the date of credit to the credit of realization. |
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D. Remittances | |||||||||||||||||||||||||||||||||
Pay order / Banker's cheque. A commission @ Rs. 5.00/- per thousand with a minimum of Rs. 50/- and ABOVE Rs. 50,000/- @ Rs. 3.50/- per thousand. |
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E. Postal Tariff: | |||||||||||||||||||||||||||||||||
Ordinary Post | NIL | ||||||||||||||||||||||||||||||||
Registered Post / Speed Post | 65/- | ||||||||||||||||||||||||||||||||
Telegrams/ Fax | NIL | ||||||||||||||||||||||||||||||||
Or actual whichever is higher. | |||||||||||||||||||||||||||||||||
F. Other Charges | |||||||||||||||||||||||||||||||||
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